Trading in cryptocurrencies is highly volatile and lacks regulation by authorities, Deputy Prime Minister of Turkey Mehmet Şimşek stated at a meeting of Financial Stability Committee.
He believes that the cryptocurrency market is vulnerable to cyberattacks, as there is no security system for e-wallets, which store digital money.
Therefore, it was decided to create a working group that will develop regulating rules, as well as inform users about the cryptocurrency risks.
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